Zimbabwe: Stock market turnover ratio

(measure: percent; Source: The World Bank)
* indicates monthly or quarterly data series

Zimbabwe: Stock market turnover ratio

: For that indicator, we provide data for Zimbabwe from 1993 to 1999. The average value for Zimbabwe during that period was 8.5 percent with a minimum of 3.49 percent in 1993 and a maximum of 16.22 percent in 1997. The latest value from 1999 is 8.17 percent. For comparison, the world average in 1999 based on 66 countries is 40.41 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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The stock market turnover ratio in Zimbabwe equals "the value of all stock market trades / the market value of all listed companies." It reflects how active the stock market of Zimbabwe is. A country may have many listed companies but few active trades. Conversely, there may be few listed companies but many trades.

Definition: Turnover ratio is the value of domestic shares traded divided by their market capitalization. The value is annualized by multiplying the monthly average by 12.
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